Tag Archives: Botswana

De Beers to be sold

British multinational mining company Anglo American has confirmed its plans to sell its diamond subsidiary, De Beers, publicly stating that De Beers will be “divested or demerged” from its portfolio. Anglo American currently holds 85 per cent of De Beers’ shares, the remaining 15 per cent is owned by the government of Botswana.

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1758-carat diamond named

Lucara Diamond Corp. has christened its 1758-carat stone ‘Sewelô.’ The name, which translates to ‘rare find’ in Setswana, was selected from more than 22,000 submissions in a contest open to all citizens of Botswana.

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